HashiCorp IPO today • Hacker News Board

Re: HashiCorp IPO today

#41

Post by ghaff » Thu, Dec 09, 2021, 8:47 PM UTC

Moto7451 wrote: post #24

ghaff wrote: post #15

Earlier quoted context omitted.

That seems… cynical. The sorts of processes and. Management needed for a larger company are different than those at a small one. You need more process. There’s no way around it.

And a lot of it is driven by compliance obligations as a public company. If you don’t want SOX work and processes, don’t go public (or work at a startup that’s about to go public). If you don’t want SOC2 work, don’t go after large companies.

SOX is one thing. But you also probably get your sales systems and management, demand generation, sales enablement, expense control, etc. etc. better systematized. And yes it changes things. A lot of people who like small companies don’t like larger ones because things have to operate differently.

Re: HashiCorp IPO today

#42

Post by spatley » Thu, Dec 09, 2021, 8:47 PM UTC

altdataseller wrote: post #11

Don’t understand why anyone would need their cloud products. Who needs Terraform or Nomad or Vault as a service?

Terrraform is declarative and describes the end state of what you want your system to look like. Executing terraform on anything other than blank slate requires that the deployment needs to know state of the current system. You can store that state yourself, or you can have HCP store it for you as a service

Re: HashiCorp IPO today

#43

Post by yawnxyz » Thu, Dec 09, 2021, 8:48 PM UTC

jakub_g wrote: post #35

Question to EU folks: do you see HCP at your stock broker? Out of curiosity, I checked the two stock brokers I have accounts with (Revolut and DeGiro), and it's not there yet. Do you know what EU (or French) brokers have the Nasdaq companies on the day of IPO?

I just checked and found it on Schwab so bought a couple of share. Seems to work

Re: HashiCorp IPO today

#44

Post by brightball » Thu, Dec 09, 2021, 8:49 PM UTC

altdataseller wrote: post #11

Don’t understand why anyone would need their cloud products. Who needs Terraform or Nomad or Vault as a service?

I really like Vault as a stand-alone architectural solution fwiw. Great tool.

I’ve seen interest increasing in Nomad lately as well. More conversations about it.

Terraform has a huge following though.

Re: HashiCorp IPO today

#45

Post by dddw » Thu, Dec 09, 2021, 8:51 PM UTC

jakub_g wrote: post #35

Question to EU folks: do you see HCP at your stock broker? Out of curiosity, I checked the two stock brokers I have accounts with (Revolut and DeGiro), and it's not there yet. Do you know what EU (or French) brokers have the Nasdaq companies on the day of IPO?

Not on bux zero

Re: HashiCorp IPO today

#46

Post by bugsense » Thu, Dec 09, 2021, 8:52 PM UTC

pas wrote: post #3

Hah, no IPO bump. Does anyone know any detail about their deal with their bank? https://www.google.com/finance/quote/HCP:NASDAQ?sa=X&ved=2ah...

It was a pretty bad day for growth tech stocks today. Also they were already richly valued.

Re: HashiCorp IPO today

#47

Post by digianarchist » Thu, Dec 09, 2021, 8:52 PM UTC

dominotw wrote: post #34

mywittyname wrote: post #32

Earlier quoted context omitted.

There are benefits to Terraform, even at basic levels. You can version control infrastructure, check if manual changes have been made, and quickly spin up new, identical environments from the same configurations. Yes, there are alternative ways of accomplishing this, but simple config files that can be easily validated and used to check against current infrastructure is an ideal way to do this. Before Terraform, I wo…

i think gp is asking about 'as a service' part.

I'll pick TFE because Nomad doesn't exist as a service.

Audit trails, authorization, authentication, sentry rules (don't allow devs to open a public port for example), centralized automation (plans executed in order), dedicated build agents.

That's a few reasons why we used TFE at Capital One.

Re: HashiCorp IPO today

#48

Post by digianarchist » Thu, Dec 09, 2021, 8:53 PM UTC

snarf21 wrote: post #14

NotSammyHagar wrote: post #9

Their symbol is hcp instead of hash, what a shame.

Well, it is kind of a hash of their name, no?

Their SaaS product range is called HCP https://www.hashicorp.com/cloud-platform

Re: HashiCorp IPO today

#49

Post by bugsense » Thu, Dec 09, 2021, 8:54 PM UTC

MetalMatze wrote: post #18

bugsense wrote: post #7

I think Hashicorp will enter monitoring next. Netdata would be a great fit (OSS, fat agent, huge metric granularity, deep infra and network insights)

What makes you think they will enter monitoring next?

They have some many parts of spinning up/change the infrastructure (Terraform), connect the services (Consul), run the apps (Nomad) but not their own way to tell you how well they do. Also monitoring is quite sticky and high margin. I think it makes sense but have no special insight.

Re: HashiCorp IPO today

#50

Post by drexlspivey » Thu, Dec 09, 2021, 9:09 PM UTC

jakub_g wrote: post #35

Question to EU folks: do you see HCP at your stock broker? Out of curiosity, I checked the two stock brokers I have accounts with (Revolut and DeGiro), and it's not there yet. Do you know what EU (or French) brokers have the Nasdaq companies on the day of IPO?

Trading 212 and Interactive Brokers have it